Latest Silver Mineralisation News

Boab Metals has increased the Sorby Hills mineral resource by 7% to 50.6Mt, while contained silver rises by 1.6Moz. More Measured and Indicated material now supports the mine plan, although the update does not yet change Ore Reserves, production targets or project economics.

West Coast Silver will begin an 18-hole diamond drilling campaign at Elizabeth Hill in October, targeting resource upgrades, western extensions and a newly defined high-grade zone. The results are intended to feed Mineral Resource Estimate updates and a scoping study in 2027.

Mantle Minerals reported a $12.50 million FY2026 profit after selling Mt Roe Mining to Northern Star for $13.5 million, while continuing operations remained loss-making. The company ended the year with $5.50 million in cash and is redirecting capital towards Yule River and Carlton Hill exploration.

Cullen Resources posted a $340,251 FY2026 profit after selling its Wyloo iron ore royalty for $1.5 million. The result came with a qualified audit opinion over its remaining iron ore-related assets and a warning that further capital raisings will be needed.

Flynn Gold is pushing Golden Ridge and Firetower towards resource definition, but its FY2026 annual report flags a material going-concern uncertainty and a cash balance of just A$1.11 million. A partially underwritten A$3 million rights issue now sits alongside drilling, permitting and a non-binding processing pathway with Henty Gold Mine.

Stavely Minerals has outlined a potentially valuable 13-year copper-gold-silver project, but its latest annual report makes clear that funding remains the immediate constraint. The company ended June with A$3.1 million in cash and an auditor-flagged material uncertainty over its ability to continue as a going concern.

49 Metals will begin a 3,500-metre follow-up drilling program at its Gold Mountain project in Nevada in October, targeting extensions of the Adit Zone discovery. The campaign is fully funded and follows a maiden program in which all 22 holes intersected gold and/or silver mineralisation.

Cannindah Resources has identified a higher-tenor copper, gold and silver zone at its Appletree Prospect, with grades increasing southward toward a potential buried porphyry centre. Three diamond-hole assays remain outstanding before the company commits to the next phase of drilling.

QMines has reported a broad 44-metre copper intersection and high-grade zinc-lead-gold-silver mineralisation from six holes at Mt Chalmers. The results support ongoing Definitive Feasibility Study work, while a hole ending in copper mineralisation and upcoming barge drilling add further exploration interest.

Megado Minerals has returned a shallow copper-silver intersection from the first hole of its maiden drilling campaign in northern Spain, including 0.25 metres at 1.39% copper and 18g/t silver. Two further holes have been completed but remain unassayed, leaving the broader size and continuity of the mineralisation unresolved.

Antipa Minerals has extended gold-copper-lead-silver mineralisation across 2.2km at Tim’s Dome, sharpening focus on a large untested electromagnetic conductor. Surface diamond drilling is now underway on the 1.2km target, which remains unproven despite encouraging surrounding assays.

Antipa Minerals has expanded its Minyari Project resource to 3.6 million ounces of gold equivalent and advanced key pre-feasibility work, including conventional processing and deeper open-pit studies. The progress comes with an auditor-highlighted going-concern uncertainty as the company prepares for further exploration and development spending.